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Nora Penic: What's that ? Betsy Stark: When Nora Penic applied for a bank loan to buy a $2, 700/choclate fountain for her fledgling catering business. . . Nora Penic: They showed me the door, so. . .
A number of struggling small companies here in China have been making calls for more support from the banks to help their companies survive. CRI's Zhou Jingnan with some of their stories. Reporter: Manufacturing and service sectors in China had a lot
By Barry Wood Washington 08 April 2008 The International Monetary Fund Tuesday said the turmoil in world credit markets that began with rising home loan defaults in the United States is not over and losses could hit $945 billion as the impact spreads
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The International Monetary Fund Tuesday said the turmoil in world credit markets that began with rising home loan defaults in the United States is not over and losses could hit $945 billion as the impact spreads into the global economy. The Bloomberg